rally

Crypto Analyst: Bitcoin Bull Rally is Over if Trendline Breaks

Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since. But now the race appears to be coming to an end, and Bitcoin could cross the finish line […]

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Bitcoin Needs Weekly Close Above Tough $12K Hurdle to Restart Price Rally

Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market.

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Bitcoin Price Analysis: Strong Rally Tests Bearish Resolve

Summary: Following a low volume retest of macro support, bitcoin rallied almost $2,000 over the course of one week. On the four-hour time frame, there is a bit of bullish exhaustion which could lead a healthy pullback. The market could stand to pull back all the way $11,150 and still remain in a bullish market […]

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Current Bitcoin Price Rally Could Have ‘Real Legs’ — Novogratz

Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape. Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape.  In a tweet posted on August 5, Novgoratz remarked that: “With the yuan […]

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Impending Golden Cross Could Start The Next Bitcoin Rally

Crypto analysts and investors are growing increasingly giddy about an impending golden cross on Bitcoin’s 3-day price chart. Is a Trend Reversal on the Cards? Since topping out at $13,800 Bitcoin has taken a prolonged beating as buying pressure evaporated and bears took control of the wheel. Bearish analysts have predicted that Bitcoin could drop […]

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Bitcoin Will Drop To $4000 In ‘Wildcard Move’ Before Rally: Analyst

Popular YouTube securities and crypto analyst, Alessio Rastani has predicted that Bitcoin will drop far below the 21-day EMA before rallying to a new all-time high in 2020. Bulls could be Walking into a Massive Trap Alessio Rastani, a popular securities trader and crypto analyst, believes that confirmation bias is misleading crypto-investors to the extent […]

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Bitcoin Price Analysis: Major Shakeout Springs Strong Rally

Summary: Following a strong shakeout, bitcoin saw a confident round of buying yesterday and the market gained around 10 percent in one 15-minute candle. The rally following the shakeout came about on high spread and high volume — exactly what we wanted to see as this represented a reclaiming of our market’s macro trading range […]

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Dow Struggles to Extend Rally as Market Braces for Earnings Disaster

The Dow and broader U.S. stock market struggled for direction Monday, just one session removed from a new all-time high, as investors quickly shifted their focus to corporate earnings season. Dow Struggles for Direction U.S. stock markets traded mixed for most of the session on Monday, mirroring a tepid pre-market for Dow futures.  After trading […]

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Retail Investors Could Be Behind the Recent Bitcoin Rally, Despite Lack of Interest in BTC

Although Bitcoin and the aggregated crypto markets have been facing a bout of significant volatility over the past few days, while zooming out and looking at its long-term performance, it is clear that BTC is still in a firm uptrend throughout the course of 2019. Now, one prominent figure within the crypto industry is noting […]

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Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from […]

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Bitcoin Price Spikes 10% in 2-Day Rally Despite Lacking Retail Investor Flurry

Over the past 48 hours, the bitcoin price has surged by more than ten percent against the U.S. dollar from $11,328 to $12,545 on regulated crypto exchanges like Coinbase Pro and Kraken. Earlier this month, the bitcoin price dropped to as low as $9,700 in a relatively large pullback that was anticipated by traders for […]

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Bitcoin Rally Crushes Alt Season Hopes, Small Cap Coins Down 54%

New data is laying bare the extent of altcoin losses in 2019 as Bitcoin 00 steals lion’s share of the cryptocurrency market.  Top 70 ‘Alts’ Down 19 Percent Against BTC Published by digital asset firm Bletchley, a variety of indices put some altcoin losses at over half since April this year. The trend has remained […]

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Bitcoin (BTC) Price Rally And Recent Influx of USD Directly Correlate

Bitcoin (BTC) adds 8.1 percent USDT minting correlates with USD expansion says, Jesse Powell Kraken CEO, Jesse Powell, is confident that there is no link between BTC prices and USDT minting. At the time of press, BTC is up 8.1 percent in the last day. Bitcoin Price Analysis Fundamentals Differentiating between “true demand” and speculation […]

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Bitcoin Price Will Rally To $100,000: Binance CSO

There is no doubting that the Bitcoin price has been commanding things in crypto markets recently. Even with its current correction of 25%, BTC is still on a roll this year. The king of crypto has done so well that Binance’s Chief Strategy Office thinks it will surge all the way up to $100k. Bitcoin […]

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Bitcoin Breaks $13,000 As Rally Continues

Bitcoin has broken the $13,000 price mark, with some of the top-20 cryptocurrencies showing double-digit gains on the day. Wednesday, June 26 — Bitcoin (BTC) has broken the $13,000 price mark, and many of the top-20 cryptocurrencies showing double-digit gains on the day, according to Coin360. Market visualization courtesy of Coin360 BTC broke the $12,000 […]

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Ethereum (ETH) Price Weekly Forecast: Larger Rally To $340 In Play

ETH price started a strong upward move and broke the key $300 barrier against the US Dollar. Bitcoin price gained momentum above $10,000 and $11,000 levels and is currently consolidating. There is a major ascending channel in place with support near $305 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is […]

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Bitcoin Price Loses Bullish Edge as FOMO Rally Runs Outta Steam

By CCN: The Fear of Missing Out (FOMO) that recently drove bitcoin’s price above $9,000 has run out of gas, according to a new report published by crypto analytics firm SFOX. While the BTC price was on a steady incline since the beginning of April when bitcoin traded for $4,100, the coin has hit a […]

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Bitcoin To Rally By 230% Into Year’s End, Venture Capitalist Suggests

Over the past 48 hours, Bitcoin (BTC) has begun to locally top out, with buying pressure slowing and prices slightly slipping. One prominent investor, however, explains that we’re just getting started, looking to strong fundamentals in the broader cryptocurrency sector. In fact, he explains that by year’s end, BTC will have moved past $20,000, and […]

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Bitcoin (BTC) Price Weekly Forecast: Bulls Preparing For Larger Rally

There is a strong resistance forming for bitcoin near the 8,200-8,300 area against the US Dollar. The price is placed nicely above the $7,840 and $7,600 support levels. There is a crucial contracting triangle forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely […]

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Bitcoin (BTC) Likely On the Verge Of Parabolic Rally, Analyst Notes

Bitcoin Indicators Point Towards Start Of Bull Run While some have been skeptical of this rally, claiming that Bitcoin (BTC) isn’t ready to rally, a few indicators show that the recent move to $8,000 is about to kick off a parabolic run. Popular analyst Nebraskan Gooner recently noted that his proprietary “Top Goon X” indicator, […]

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Bitcoin Rally To $8,000 Smells Like Late-2017: JP Morgan Analysis

Save for Friday’s sudden selloff, Bitcoin (BTC) has been on an absolute tear over the past few weeks. Since early-April, the asset has moved from $4,200 to a recent peak of $8,350 — effectively a gain of 100% — and is seemingly preparing itself for another leg higher. While many believe that this move comes […]

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Despite Plummeting Towards $7,000, Bitcoin’s Rally May Not Be Finished Just Yet

The crypto markets incurred a significant amount of selling pressure late-yesterday that sent them reeling downwards, surrendering a decent portion of the recent gains they have incurred as a result of the massive rally that has been taking place since early-April. Despite the recent drop, some analysts believe that Bitcoin’s rally may not be done […]

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Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally

Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly Pumped the Market The study […]

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